HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Post Session: Quick Review
Nov-06-2026

Indian equity markets ended Friday’s session with strong gains, shrugging off early weakness, as both the Nifty and Sensex surged more than 2% amid upbeat sentiment ahead of the Diwali Muhurat trading session. Sentiments were further supported by sustained foreign investor inflows for the fifth consecutive session, easing crude oil prices and broad-based buying across banking, automobile and consumer stocks.

Some of the important factors in trade:

FIIs remains buyers: Traders took support with exchange data showed foreign institutional investors (FIIs) remained net buyers in Indian equities for the fifth straight session on Thursday, purchasing shares worth Rs 14,974.68 crore.

Trump’s midterm setback may speed up India-US trade deal: Some support also came with Global Trade Research Initiative (GTRI) founder Ajay Srivastava’s statement that US President Donald Trump’s political setback in the November 2026 midterm elections could accelerate India-US trade negotiations, with an agreement potentially concluded within two months.  

Auto stocks were in limelight: Federation of Automobile Dealers Associations (FADA) data showed India's automobile retail sales declined 23.8 per cent year-on-year to over 31.72 lakh units in October this year on a high base, with a decline in two-wheeler and passenger vehicle registrations

On the global front: European stocks were trading lower, while Asian markets traded mostly higher, tracking heavy losses on Wall Street overnight as a sharp sell-off in artificial intelligence (AI) and technology stocks rattled investor sentiment.

The BSE Sensex ended at 81028.02, up by 1718.01 points or 2.17% after trading in a range of 79016.05 and 81028.02. There were 22 stocks advancing against 7 stocks declining on the index, while one stock remained unchanged. (Provisional)

The top gaining sectoral indices on the BSE were Bankex up by 2.19%, Consumer Durables up by 1.78%, Auto up by 0.92%, Metal up by 0.79%, and Oil & Gas up by 0.69%, while Capital Goods down by 1.36%, Industrials down by 0.97%, Telecom down by 0.60%, and Power down by 0.35% were the few losing indices on BSE. (Provisional)

The top gainers on the Sensex were Mahindra & Mahindra up by 5.02%, ICICI Bank up by 3.67%, Titan Company up by 2.87%, HDFC Bank up by 2.43% and Sun Pharma. up by 2.24%. On the flip side, Power Grid Corporation down by 1.17%, Bharat Electronics down by 0.72%, Asian Paints down by 0.16%, HCL Technologies down by 0.14% and Interglobe Aviation down by 0.11% were the top losers. (Provisional)

Meanwhile, additional Secretary in the Ministry of Electronics and IT (Meity) Amitesh Kumar Sinha, has said that India's semiconductor ecosystem is benefiting from the availability of a skilled talent pool and various government initiatives. However, he emphasised that stronger global technology partnerships and a resilient supply chain are essential to sustaining the sector’s growth. 

According to a statement issued by industry body International Semiconductor Industry Group (ISIG), Sinha said the government has approved 12 chip manufacturing projects, of which five have already commenced commercial production. ISIG aims to push investment in the space of advanced packaging technologies in India as well as quantum computing technologies. 

Talking about the government's Rs 1.27 lakh crore Semicon 2.0 programme, he said that the programme is about building the broader ecosystem, including design companies, materials, chemicals, gases and equipment, alongside manufacturing, research and development and talent.

The CNX Nifty ended at 25030.35, up by 493.75 points or 2.01% after trading in a range of 24388.05 and 25030.35. There were 45 stocks advancing against 5 stocks declining on the index. (Provisional)

The top gainers on Nifty were Mahindra & Mahindra up by 5.11%, ICICI Bank up by 4.75%, HDFC Life Insurance up by 3.95%, HDFC Bank up by 3.72% and Titan Company up by 3.42%. On the flip side, Tata Motors Passenger down by 0.58%, Eicher Motors down by 0.56%, Power Grid Corporation down by 0.48%, Shriram Finance down by 0.30% and Grasim Industries down by 0.02% were the top losers. (Provisional)

European markets were trading lower; UK’s FTSE 100 decreased 164.91 points or 1.53% to 10,617.75, Germany’s DAX lost 355.61 points or 1.35% to 25,969.40 and France’s CAC fell 89.47 points or 1.09% to 8,115.90.

Asian markets settled mostly lower on Friday tracking Wall Street’s overnight fall driven by a sharp global tech and artificial intelligence selloff following US midterm election results and data center regulation concerns. Further, market participants awaited US October payrolls report, due later in the day, for more cues on a possible rate hike in December, especially as two Federal Reserve officials supported modest and steady interest-rate increases to combat persistent inflation. However, some losses were limited by hopes of a de-escalation in the US-Iran conflict and the possible reopening of the Strait of Hormuz. Japan’s Nikkei fell below the 60,000-mark for the first time since May and entering into bear market territory after a more than 20% fall from its June peak. South Korea’s Kospi index plunged below the critical 5,000-point psychological threshold for the first time in nine months, though it recovered some losses by the closing bell.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,649.18

-40.73

-1.10

Hang Seng

24,481.86

-315.12

-1.27

Jakarta Composite

5,050.43

20.17

0.40

KLSE Composite

1,616.58

-19.28

-1.18

Nikkei 225

57,434.77

-3,643.13

-5.96

Straits Times

5,179.17

-117.08

-2.21

KOSPI Composite

5,059.69

-324.11

-6.02

Taiwan Weighted

39,701.64

-1,873.08

-4.51

  RELATED NEWS >>